Investors
Al Habtoor Group plans USD 3 billion real estate investment in Dubai
The Al Habtoor Group would be investing USD 3 billion in a real estate development in Dubai. Al Habtoor Group said it would it would be launching a USD 3 billion real estate development in Dubai.
Intu Properties, Canada Pension Plan venture to buy Spanish mall
Intu Properties partnered with the Canada Pension Plan Investment Board to buy a Spanish mall for EUR 162 million or USD 220 million.
ObamaCare glitches not just a result of heavy traffic says experts
Heavy traffic could not be the cause of website glitches under ObamaCare, according to experts. Glitches in the ObamaCare website were not just the result of heavy traffic.
White House must be careful with wrapping up free trade pact - US firms
US multinational firms said the Obama administration should not rush to finalize its proposed Trans-Pacific Partnership (TPP).
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ObamaCare navigators in New York were unreachable, according to an informal survey conducted by the Post.
Two sources told Bloomberg that private equity firm Apollo Global Management LLC was contemplating on raising its new fund limit.
Contractors of the US government would most likely wait for assurances from Congress before reversing furloughs, a Bloomberg report said.
The government's sixth largest contractor, United Technologies Corp, cancelled plans to furlough around 4,000 employees.
Apollo Tyres Ltd and Cooper Tire & Rubber Co could not seem to agree on the initial price of its buyout deal.
HTC, due to Apple and Samsung dominance and the proliferation of cheap smartphones from China, saw its market share decline to just 2.8%.
Norilisk CEO Potanin, who purchased stock at the collapse of the Soviet Union, intends to make the mining firm's management world class.
With the US government's partial shutdown, talks between US and EU regarding the creation of the biggest free trade zone in the world scheduled next week in Brussels had been scrapped, said a Reuters report.
The naivete of Volkswagen was called out by Tennessee Republican Senator Bob Corker. Tenesseee Republican Senator Bob Corker issued a warning to Volkswagen AG if the German carmaker allows the United Auto Workers to represent its workers, it would be its 'biggest mistake', The remarks were quoted by German newspaper Handelsblatt.
A default would bring catastrophic results to the world economy. The world is anticipating the showdown on Capitol Hill over the US federal budget and debt ceiling.